Better vessel utilisation rate seen for Dayang

“Despite anticipation of a seasonally weaker first quarter in 2023 (1Q23), we remain upbeat on Dayang Enterprise’s outlook for 2023, premised on the back of robust work orders and better revision rates,” said RHB Research.

PETALING JAYA: Dayang Enterprise Holdings Bhd’s recent contract win from PETRONAS Carigali Sdn Bhd will support the group’s earnings in the quarters ahead, say analysts.

RHB Research said the development provided better certainty over Dayang Enterprise’s vessel utilisation in financial year 2023 (FY23).